BOC: 25bp Cut Considered But Hold "Real Clear Consensus"

Apr-16 15:18

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Asked how close the call was to hold vs cut today, Gov Macklem says that the BOC considered a 25bp c...

Historical bullets

FED: US TSY 13W AUCTION: NON-COMP BIDS $2.130 BLN FROM $76.000 BLN TOTAL

Mar-17 15:15
  • US TSY 13W AUCTION: NON-COMP BIDS $2.130 BLN FROM $76.000 BLN TOTAL

FED: US TSY 26W AUCTION: NON-COMP BIDS $1.775 BLN FROM $68.000 BLN TOTAL

Mar-17 15:15
  • US TSY 26W AUCTION: NON-COMP BIDS $1.775 BLN FROM $68.000 BLN TOTAL

USD: Broader Dollar selling is going through

Mar-17 15:07
  • Some downside continuation for the Dollar, with broader selling seen across the board, testing new intraday lows against the EUR, GBP, AUD, ZAR, SGD, SEK, and CHF, while CNH, CNY are paring earlier losses.
  • Cable look to test the immediate resistance right here at 1.2988 High Mar 12.
  • Resistance in EURUSD is at 1.0947 High Mar 11.
  • US Tnotes is back at session high (lower Yields) and this is likely helping this latest leg lower in the Greenback.